U.S. seeks to constrain China with non-market economy clause in USMCA

Tucked into the U.S.-Mexico-Canada Agreement is a provision designed to make it more difficult for Canada and Mexico, and potentially other countries, to ink free trade deals with China -- the latest move by the Trump administration to constrain Beijing’s non-market practices. Under Article 32.10 of the agreement, if any party enters into a free trade agreement with a “non-market economy,” the others would have the option of terminating the deal in favor of a bilateral that would be amended...